Latest Energy Headlines
All the headlines from our Energy Topic Page, ordered by recency.
California Commissioner Ran a Climate Change ‘Stress Test’ on Insurers
May 21 2018 // California Insurance Commissioner Dave Jones has run a “stress test” on the state’s largest insurers. Jones said during a press conference in May that he is the first U.S. financial regulator to conduct a...
Global Insurers Reassessing Iran Business In Light of Sanctions Threat
May 20 2018 // Global insurers are taking stock of how the U.S. withdrawal from an international agreement to deny Tehran nuclear weapons, and threatened sanctions against companies that do business with Iran, could affect...
UK, France, Germany Huddle on Iran Oil Tanker Insurance
May 15 2018 // If European powers are to succeed in holding together a nuclear deal with Iran that the U.S. abandoned a week ago, then one issue they’ll need to consider is the insurance of oil tankers hauling the Persian Gulf...
Robots, Drones Changing How Oil Firms Handle Dangerous Offshore Work
May 13 2018 // At BP’s massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor. Before MaggHD,...
Oil Shippers Face Insurance Uncertainty with Return of U.S. Sanctions on Iran
May 11 2018 // Oil tanker owners are facing a nervous wait to find out whether they can carry on doing business with Iran after President Trump said on Tuesday he was reinstating a raft of sanctions against the Persian Gulf country. The...
Allianz Expanding Climate Strategy, Doesn’t Want to Insure Coal Operations
May 10 2018 // The Allianz Group “is significantly expanding its climate strategy.” The German insurance giant recently announced a commitment to support the change to a low-carbon economy over the coming decades, and is...
Oil Companies Ask Judge to Kill NYC’s Global Warming Lawsuit
May 9 2018 // Five of the world’s biggest oil companies asked a judge to throw out New York City’s lawsuit seeking to hold them responsible for costs related to the environmental changes caused by their products. BP Plc,...
California Commissioner Ran a Climate Change ‘Stress Test’ on Insurers
May 8 2018 // California Insurance Commissioner Dave Jones has run a “stress test” on the state’s largest insurers. Jones said during a press conference on Tuesday that he is the first U.S. financial regulator to...
Texas Oil Industry Employment Lags Amid Stalled Oil Market Recovery
May 8 2018 // Skilled workers in Texas are still looking for jobs as U.S. employment in the oil and gas industry continues to lag behind rising oil prices. The Houston Chronicle reports that job seekers hoping for an oil market recovery...
Iowa Medical Marijuana Industry Unsure About Future
Apr 30 2018 // Serious questions linger about the fate of medical marijuana in Iowa as Republican lawmakers find themselves considering an eleventh-hour deal that would expand the program to more patients. The state’s sole...
Wisconsin Oil Refinery Fire Injures at Least 15
Apr 27 2018 // An explosion at Husky Energy’s refinery in Superior, Wisconsin, caused a fire that burned for several hours on Thursday and sent smoke billowing into the air, prompting the evacuation of thousands of residents,...
U.S. Insurers Not Doing Enough on Sustainability, New Report Shows
Apr 26 2018 // A new report from a sustainability advocate gives two green thumbs down to the U.S. insurance industry for its inability to grow its efforts, or its interest, in dealing with climate change compared with other sectors. The...
Supreme Court Upholds Patent Review Process Favored by High-Tech
Apr 25 2018 // The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat “patent trolls” and others that bring patent...
Evidence of Massive California Oil Spill Was Obvious, But Was It A Crime?
Apr 23 2018 // An acrid stink of petroleum three years ago sent Santa Barbara County firefighters scrambling in a search for a possible spill. When they arrived at Refugio State Beach they witnessed oil staining the pristine sands and...
Michigan Official: Tugboat Company Facing Suit Over Great Lakes Cable Damage, Spill
Apr 18 2018 // Recent damage to underwater oil and electrical lines in the waterway connecting Lake Huron and Lake Michigan that’s blamed for an insulation fluid spill was caused by a tugboat dragging its anchor, Michigan’s...
Massachusetts Top Court Rules Against Exxon in Climate Change Probe
Apr 13 2018 // Massachusetts’ top court on Friday rejected Exxon Mobil Corp’s bid to block the state’s attorney general from obtaining records to investigate whether the company for decades concealed its knowledge of...
California Oil Company Slapped With $12.5M Fine
Apr 13 2018 // A California oil company with a long history of safety violations and regulatory lapses was hit with a record $12.5 million fine by state regulators for nearly 1,500 violations in the past year at an oil field in Orange...
Climate Change Act: Commit New York to Being Powered by 100% Renewables
Apr 12 2018 // Allianz says it’s further integrating ecological and social responsibility into its core business. The insurance giant, which is already known for its sustainable bent, this week issued a 2017 Sustainability Report...
California Oil Firms Had Nearly 400 Violations
Apr 12 2018 // An environmental group says oil and gas companies drilling off Southern California violated state regulations nearly 400 times in the past three years. Records obtained by The Associated Press that were released Wednesday...
Oil Platform Worker Pleads Guilty to Pollution Violation in Gulf Blast
Apr 4 2018 // A contract worker has pleaded guilty to violating the federal Clean Water Act in connection with a deadly oil platform explosion off Louisiana’s coast. Prosecutors said in court documents that Don Moss, of Groves....
